News: Afren PLC (AFRE.L)

AFRE.L on London Stock Exchange

98.30GBp
22 Oct 2014
Price Change (% chg)

0.55p (+0.56%)
Prev Close
97.75p
Open
97.85p
Day's High
99.35p
Day's Low
96.50p
Volume
6,889,120
Avg. Vol
8,880,579
52-wk High
170.80p
52-wk Low
90.20p

Search Stocks
Select another date:

Sun, Oct 19 2014

PRESS DIGEST-SUNDAY BRITISH BUSINESS - OCT 19

LONDON, Oct 19 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

UPDATE 2-Oil producer Afren fires CEO, 3 other execs in scandal

(Adds analyst comment, details of financial deals, updates share movement)

Oil producer Afren fires CEO, COO, 2 associate directors

Oct 14 - Oil producer Afren Plc said it had dismissed its CEO, COO and two associate directors after an independent review into unauthorised payments found evidence of gross misconduct.

UPDATE 1-Afren expects operations at Barda Rash oilfield to resume by end-October

Oct 2 - Oil and gas producer Afren Plc said it expected drilling and production at its Barda Rash field in Kurdistan to be fully resumed by end-October as the security situation had improved at the border of Iraqi Kurdistan.

Afren expects operations at Barda Rash oilfield to resume by end-October

Oct 2 - Oil and gas producer Afren Plc said it expected drilling and production at its Barda Rash field in Kurdistan to be fully resumed by end-October as the security situation had improved at the border of Iraqi Kurdistan.

UPDATE 1-Afren says review shows no signs of more unauthorised payments

Sept 30 - Oil and gas producer Afren Plc said an independent review revealed no further incidents of unauthorised payments so far, two months into a probe that has led to the suspension of four executives so far.

Afren's says unauthorised payments review shows no further incidents

Sept 30 - Oil and gas producer Afren Plc said an independent review into unauthorised payments has not revealed further incidents so far.

UPDATE 3-Afren shares drop after Kurdistan shutdown prompts production forecast cut

* Slashes FY production forecast 20 pct to 32,000-36,000 bpd

UPDATE 1-Oil explorer Afren suspends two associate directors

Aug 28 - Oil explorer Afren Plc suspended two associate directors for receiving unauthorised payments for the benefit of its chief executive and COO, who have already been suspended.

Select another date:

Press Releases

Search Stocks